Lot78 Inc (OTC:LOTE), Petrosonic Energy Inc (OTC:PSON), Norstra Energy Inc (OTC:NORX) and Sauer Energy Inc (OTC:SENY) have been added to our watch list.
Lot78 Inc (OTC:LOTE) deals in designing and marketing of urban apparel. The company operates in: Wholesale, Consumer Direct, and Core Services. It sells its products to department stores, retailers and boutiques as well as is involved in the e-commerce sale through its branded Website. The company was established in 2005 and is well headquartered in London, United Kingdom.
For our complete article on LOTE please go here: http://tinyurl.com/OTCmagic-LOTE
Petrosonic Energy Inc (OTC:PSON) focuses on the treatment and upgrading of heavy oil through sonicated solvent de-asphalting. The Company's core technology is an industrial scale sonic reactor. This reactor transfers sonic energy on an industrial scale to physical, chemical or biological processes. It has changed its name to Petrosonic Energy, Inc in May 2012. It was established in 2008 and is headquartered in Calgary, Canada
On October 24th, PSON released its financial report for the 3rd quarter of 2013. The statement shows that the company's total operating loss was $596,000. The net loss amounts up to $1,025,000 which exceeds its losses of previous quarters. It has spent $586,000 on selling general and administrative expenses and the company’s interest expense amounted to $422,000.
For our complete article on PSON please go here: http://tinyurl.com/OTCmagic-PSON
Norstra Energy Inc (OTC:NORX) is an exploration stage company that mainly focuses on the exploration and development of oil and gas properties in the United States. The company owns 100% interest in the Lerado Extension project that covers approximately 40 acres of land located in Kansas. The company changed its name to Norstra Energy Inc in November 2011. Norstra Energy, Inc was established in 2010 and is based in Laredo, Texas.
On October 25th, NORX released its financial report for the quarter ending Aug 31, 2013. The statement shows that the company's total operating loss was $152,000. The net loss amounts up to $194,000 which is much higher than its losses of previous quarters. It has spent $152,000 on selling general and administrative expenses.
For our complete article on NORX please go here: http://tinyurl.com/OTCmagic-NORX
Sauer Energy Inc (OTC:SENY) deals in the design, development, manufacture, and distribution of vertical axis wind turbines. They are manufactured for commercial and residential users. It offers its VAWT systems under the WindCharger and Helix brand names. The company has a strategic alliance with iCeL Energy. Sauer Energy, Inc was established in 2008 and is headquartered in Camarillo, California.
On October 29 SENY announced that it is seeking to standardize the rating system for small wind within the industry. SEI give suggestions for the calculations based on 30 mph as a reasonable rating wind speed benchmark.
For our complete article on SENY please go here: http://tinyurl.com/OTCmagic-SENY
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